Toronto’s downtown condo rental market is experiencing a significant surge, driven by employees returning to the office full-time. Many professionals who bought homes outside the city during the pandemic are now seeking rental properties in the core to avoid long commutes and the commitment of owning two properties. This trend has led to increased competition for downtown rentals, particularly for units near transit lines. According to TRREB, rental volume in 2025 hit a four-year high, with a notable increase in leasing activity in the downtown core. While demand is up, experts anticipate rental prices will remain stable due to a high supply of new condos. For a deeper dive into the factors influencing Toronto’s rental market, read the full article on The Toronto Star.
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